Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies.
November 18, 2025
Los Angeles, California – November 18, 2025— L&S Advisors, Inc. announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q2 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.
“Q3 2025 delivered strong broad-based market gains, creating opportunities for skilled active managers,” says PSN Product Manager Nick Williams. “PSN Top Guns managers excelled by capitalizing on the market’s broadening rally and navigating the Fed’s policy pivot effectively. Their ability to position strategically across asset classes while maintaining discipline during this positive environment demonstrates the distinct value of active management in SMAs. As markets responded favorably to accommodative monetary policy and resilient fundamentals, these managers proved their worth by not just participating in the rally, but by strategically positioning to capture opportunities across the expanding opportunity set.”
L&S Equity Growth, High Yield and Short-Duration High Yield strategies are co-managed by Portfolio Manager and Director of Research Matthew Nussbaum, CFA and Chief Investment Officer Rick Scott.
Through a combination PSN’s proprietary performance screens, the PSN Top Guns List ranks products in six proprietary categories in over 75 universes based on continued performance over time.
L&S strategies were honored with the following distinctions:
L&S Equity Growth
| Universe | Award | Universe Count |
| Large Cap Universe | 1 Year | 913 |
| Large Growth Universe | 1 Year | 206 |
L&S High Yield
| Universe | Award | Universe Count |
| High Yield Universe | 1 Quarter | 137 |
L&S Short-Duration High Yield
| Universe | Award | Universe Count |
| High Yield Universe | 1 Quarter | 137 |
[1-Quarter Category:] had one of the top ten returns for the quarter in their respective strategy.
[1-Year Category:] had one of the top ten returns for the one-year period in their respective strategy.
About L&S Advisors, Inc.
L&S Advisors, Inc. is a registered investment advisor (RIA) headquartered in Los Angeles that was originally founded in 1979. L&S specializes in investment advisory services for high-net-worth investors, as well as institutional accounts, endowments and family offices. As an independent, fee-only RIA dedicated exclusively to managing assets, L&S Advisors provides objective and unbiased investment advice. The firm is defined by its client-focused, flexible investment strategies and its complete commitment to objectivity, independence, and transparency in all areas of its business.
About PSN
For more than four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of over 40 Years of Data Including Net and Gross-of-Fee Returns. PSN Mid-Year Outlook provides insight and trends about the SMA industry. You can view in online here.
Visit PSN online to learn more.
L&S Advisors received this award from Informa Financial Intelligence’s Zephr on November 18, 2025 for the period ending September 30, 2025. L&S paid no compensation for this ranking; however, L&S does pay an unrelated monthly subscription fee to Informa to produce marketing reports using the PSN system.